Accountancy is transforming. Increasing and changed client demands. New technology. Regulatory pressure and scrutiny. Intensifying competition. These factors are all converging to drive fundamental changes to the profession.
Many firms have recognised the need to rethink their purpose and services and are already looking ahead to the firm they need to become, identifying what will drive their future competitiveness.
In fact, in a 2019 survey by Sage 49% of accountants claimed to have formally examined their business practices in the last year. Those looking to change are adopting new technologies to create better ways of working and optimise their service to clients.
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